Universal life provides an interest return on the savings component that is periodically revised

Indicate whether the statement is true or false.

TRUE

Business

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The present value of a stream of revenue that can be produced by a customer is known as lifetime customer value

Indicate whether the statement is true or false

Business

The argument that firms prefer FDI over licensing to retain control over know-how, manufacturing, marketing, and strategy or because some firm capabilities are not amenable to licensing constitutes the:

A. comparative advantage theory. B. distribution theory. C. new trade theory. D. internalization theory. E. licensing theory.

Business